Question: The credit terms 2 / 1 0 , n / 3 0 are interpreted as: Mutiply Choice 3 0 % discount ef paid within 7

The credit terms 2/10, n/30 are interpreted as:
Mutiply Choice
30% discount ef paid within 70 didn.
30% discount 8 paid within 2 dign.
10% cesh discourt if the anourt is paid within 2 digs. or the full balance due in 20 dep.
2 cash discount it the aneunt is paid within 50 dep, or the fal basace due in 30 dep.
2% dicount if paid within 30 day.
The credit terms 2 / 1 0 , n / 3 0 are

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!